· The FOMC fails to suprise by leaving rates unchanged and keeping the rhetoric balance between upside risks to inflation and downside concerns for growth.
· Despite its release during relatively inactive hours and no change to the benchmark rate, the RBA decision leads to a more than 150 point drop in AUDUSD.
[B]Stories to watch on DailyFX[/B]
· Read up on the outcome of the FOMC rate decision in Antonio Sousa’s wrap up.
· What pairs are DailyFX analysts following? Keep track with our daily updated Analyst Picks.
[B]
Send any comments or questions to <[email protected]>.[/B]